Utz Brands
31 hedge funds and large institutions have $165M invested in Utz Brands in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
21% more capital invested
Capital invested by funds: $137M → $165M (+$28.3M)
6.27% more ownership
Funds ownership: 31.22% → 37.49% (+6.3%)
3% more funds holding
Funds holding: 30 → 31 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$31.9M |
| 2 |
CI
Cowen Inc
New York
|
+$3.13M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$3.11M |
| 4 |
LA
Linden Advisors
New York
|
+$3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$12.2M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.49M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$1.5M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.44M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$996K |
UTZ Hedge Fund Activity: Q2 2019 in Review
31 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Utz Brands (UTZ) for Q2 2019, worth a combined $165M — up 21% from $137M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new UTZ positions and 4 closed out — a net gain of 1 holder — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), opening a new position worth an estimated $31.9M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $12.2M sold.
- 31 institutional investors held Utz Brands (UTZ) as of Q2 2019, up from 30 in Q1 2019.
- Funds reported $165M of Utz Brands stock for Q2 2019, up 21% quarter-over-quarter.
- 5 funds opened new Utz Brands positions in Q2 2019 and 4 closed out, a net change of +1 holder.
- The largest Utz Brands buyer in Q2 2019 was Manulife (Manufacturers Life Insurance), an estimated $31.9M added.
- The largest Utz Brands seller in Q2 2019 was Highbridge Capital Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2019.